TVS Motor Company’s subsidiary -- TVS Motor (Singapore) Pte has acquired 100% of the share capital of Engines Engineering S.p.A on October 3, 2025. Consequently, Engines Engineering S.p.A has become a wholly owned subsidiary of TVS Motor (Singapore) Pte and the company.
Earlier, TVS Motor (Singapore) Pte had agreed to acquire 1 million equity shares in Engines Engineering S.p.A for a consideration of 5.05 million euros from ACT S.r.l. Engines Engineering S.p.A. is an Italian automotive design and engineering powerhouse known for advanced prototyping, innovation in high-performance motorcycles, and deep experience in MotoGP racing.
TVS Motor Company is a two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 9790.35 |
| Hero MotoCorp | 5277.95 |
| TVS Motor | 3753.10 |
| Eicher Motors | 7181.55 |
| Ather Energy | 885.95 |
| View more.. | |
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